The deal spread on Microsoft Corp.’s proposed takeover of Activision Blizzard Inc. is blowing out, with traders worrying the $69 billion merger could sputter after UK antitrust regulators vetoed the combination.
Tesla Inc. shares extended their brutal selloff, pulling the company’s market valuation below the key half-trillion dollar mark as investors increasingly fear its price-cutting plan will eat into profits.
Speaker Kevin McCarthy on Wednesday was on the verge of his biggest legislative win yet, with House GOP members coalescing behind his debt-limit bill, in a vote that would strengthen his position in talks with the White House.
Alexandre Arnault, a son of the world’s wealthiest person, told the world that Tiffany & Co.’s flagship store on New York’s Fifth Avenue is back in business.
Oil, whipsawed by volatile equity markets, fell the most since mid-March when a banking crisis battered the commodity, nullifying gains from a surprise production cut by OPEC+.
Amazon.com Inc. is pulling the plug on its line of Halo health devices as Chief Executive Officer Andy Jassy seeks to wind down marginal programs and streamline the retail and cloud-computing giant’s businesses.
Turkish President Recep Tayyip Erdogan canceled another day of scheduled campaign appearances after falling ill during a live television interview on Tuesday.
Controversial billionaire Ricardo Salinas is a wildcard for investors in Total Play Telecomunicaciones’s bonds as the Mexican cable provider tries to get as much as $300 million of financing.
Walt Disney Co. sued Florida Governor Ron DeSantis, alleging he’s threatening billions of dollars in business as retaliation for the company speaking against his policies.
The euro-area economy looks set to avoid the six-month downturn that had been expected as recently as late last year, according to European Central Bank Vice President Luis de Guindos.
